Preview Mode Links will not work in preview mode

Back office support can make or break your construction company and that’s where we come in. We can do you the most good by bringing order to your chaotic contractors bookkeeping mess! Most of our clients come to us because they believed they needed someone to straighten up their contractors bookkeeping services system, help them get current or quarterly payroll tax filings, sales tax returns and a variety of other tax issues. That is only the tip of the iceberg! 

The real value in working with us is not just getting you out of trouble now but keeping you out of trouble in the future so that you can focus your time and energy where it will do you the most good…acquiring profitable and pleasant customers and clients and satisfying their needs. 

 

Warm Regards,

Randal DeHart | Premier Contractors Accountant

 

This is one more example of how Fast Easy Accounting is helping construction company owners just like you put more money in the bank to operate and grow your construction company. Construction accounting is not rocket science; it is a lot harder than that and a lot more valuable to construction contractors like you so stop missing out and call Sharie 206-361-3950 or email sharie@fasteasyaccounting.com

 

Thinking About Outsourcing Your Contractors Bookkeeping Services?

Click On The Link Below:

www.FastEasyAccounting.com/hs

Need Help Now?

Call Sharie 206-361-3950

sharie@fasteasyaccounting.com

© 2022 Fast Easy Accounting     (206) 361-3950 | Disclaimer | Privacy Policy | Security Policy | Terms Of Service | Contact Us | Refer A Friend

Jul 14, 2017

This Podcast Is Episode Number 0225 And It Will Be About Successful Contractors Employees Produce Results

We are excited that you are busy and hiring employees. How do I know this is true?

The number of emails I receive about continuing education that reference employees are increasing. The topics you are sharing include wages, access to company funds, providing employee warm and fuzzies and you want to know what is the true cost including payroll taxes of having a Construction Worker on your payroll.


More of your emails make references on How To Protect Your Construction Company from your employees.

  • Employees with too much access to credit card accounts
  • Employees with too much access to bank accounts
  • Employees with too little accountability
  • Paper time cards filled out randomly

Protection comes from knowing the rules, putting systems in place, and dealing with the money.

  • What type of compensation is required?
  • What type of benefits are required?
  • How to deal with Travel Pay?
  • What should be reimbursed?
  • How do handle fuel?
  • Cell Phone Usage?
  • Cell Phone Bill?

Each state has no shortage of rules in place about the rate of pay, schedules and number of hours worked, time off and how it is classified.

  • When travel time starts and ends if the employee travels to the job directly from home.
  • When travel time starts when an employee is in service and goes directly to the job from home and is using the company vehicle.
  • What about side trips to the store, gym, park, personal errands using a company vehicle on the way home from their last job.

Every Contractor worth his or her salt wants to be fair to their employees and still be fair to the company.

  • This is where a Payroll Service with the HR Department has enormous value.
  • In construction there is no shortage of “What About” and [fill in the blank].
  • I should be paid for [fill in the blank] because and [fill in the blank].
  • Consider buying Clothes with your Construction Company Logo to identify them on the job.
  • Time tracking using mobile devices is a must. See Below:

    Web Based Online Time Card For Construction Contractors

    Links To QuickBooks Job Costing

    Fast Easy Accounting

    Your Certified TSheets Consultant

Fast_Easy_Accounting_206-361-3950_TSheets_ProAdvisor_To_Construction_Companies

Other concerns are the “Rogue Employee” in either the office or the field who takes advantage of the “Good Nature” of the owners. Owners trust their employees and most of the time employees trust their owners. Review the concept of leveling. It will help your Contracting firm grow and attract the right office and field staff.

How Leveling Up Can Make You Wealthy!

Your Thinking Patterns - and what you think about the most is why you are where you are now. It is worth noting there is no profit in chaos and the sooner you understand that, the better off you will be including your mental and physical health.

It May Be Too Late - To recoup past losses from chaos, but it is not too late to stop it from happening again. To begin with getting a clear understanding of What Ten Minutes Costs Your Contracting Company and begin implementing a Business Strategy to eliminate chaos.

When You Have - A Business Strategy everything changes in your life and your construction company because you will see everything in different light

You May Find - Yourself with a different caliber of friends because of the leveling up process.

Birds And People - Flock together with others like themselves because it is comfortable. It only makes sense to soar with eagles rather than keeping your head down pecking on the ground with the chickens.

Your Income - Is typically within 20% of the average of the six people you spend the most time with. 

Leveling Down - If you spend most of your time at the “Contractors Business Round Table”, this is a little round table in a tavern with a pitcher of beer and several contractors all earning $40,000 a year or less telling each other how to run their businesses then your income will hover between $32,000 and $48,000 (20% plus or minus $40,000).

Leveling Up - As you develop your Business Strategy for your construction company your income is likely to increase. The impact on your friends will not be pleasant as you will be proving that good people can win in the construction game by playing it with high moral and ethical standards and the willingness to try something different.

You Will Attempt To - Share your discoveries with your existing friends, and you will quickly discover they are not interested! After a while, your constant attempts to change their paradigms will irritate them, and you will drift away or be asked to leave.

The Next Thing - That normally happens is you will be drawn into a different circle of construction business owners who already know what you now know.

Since The Six People - You spend the most time with now are earning $100,000+ a year what do you suppose your income? There is a good chance it will grow, and you could have a million dollars of wealth someday.

Einstein Has Proven - Energy and matter are the same things in different forms; therefore you will become what you think about. And what you think about will influence your thoughts, which will influence your actions which will influence your wealth, which you will use to raise everyone's standard of living because the Rising Tide Raises All Ships.

This Applies To Your Employees - As well as you. Top notch construction companies are always on the lookout for the best and the brightest staff to add to their team. 

Hiring employees is like letting your kids go visit their friends alone for the first time.
Or a teenage driving the car the first time. Parents know that the process of a teenager can lead to a few dents, several curbs being run over and a branch or two missing from a few trees. Most also parents know if they are teaching their kids to drive with a “stick shift” that a new clutch may be in the near future. Why, because it comes with the territory when teaching someone how to drive.
 
For business owners giving an employee the keys to a vehicle, loaded with tools and equipment can cause those same anxious moments. Every new hire causes a certain amount of breath holding, first hour, two hours, will they come back from lunch, make it to the end of the day. Come back the next day.
 
At the same time, owners are evaluating the work performed, is it too much, too little, good training, not enough training. Is it the new employee a “good fit” for the company and the existing employees?

No one feels worse about a bad fit than the contractor when any employee needs to be let go gently or immediately fired. Other times anger is the first emotion when Fraud, Side Jobs or other forms of theft has occurred.

Feeling bad is quickly lost if the State Agency feels that the theft wasn’t really theft, but it was a “victimless crime, ” and the Contractor needed to have provided the employee in question with better-written coaching reports.

For The Contractor, the work must go on. Schedules need to be kept, and the additional workload falls on someone. That someone is The Contractor, spouse and or both (who are already overloaded with tasks). Frustration comes from trying to discover quickly and easily what was left undone, what is the most critical, when can it get done, how to get it done and who is the best person to do it (yesterday).

We have all had employees we wonder why we hired them. We have all had employees who were a key member who went above and beyond, and we are sorry to see them go. Really, if we could keep them until they are too feeble to get around and we would figure out how to make their job easier.  They are someone we would classify as a friend and part of the family. All those same experiences can happen when hiring actual family members. Employing family, both the good and the bad can happen.

Some contractors are happy never hiring employees. They work well with a group of Trade Contractors and complete the work seamless as a team effort. Many small contractors have friends who are in the same trade. Solution to having employees is that they work for each other.

On any particular job, a different Trade Contractor may be the lead (general contractor). This can be a great way to have quality tradesman doing the work but as subcontractors instead of employees.
Contractors understand quality, scope and time.  They are willing to work efficiently.
 
We work with Construction Contractors all across the USA including Alaska and Hawaii.
Process payroll using Intuit’s Online Payroll for Accountants on a case by case basis.
With or without employees we are happy to be of assistance.  

You have a story, and I want to hear it.  
Call me 206-361-3950 or email me sharie@fasteasyaccounting.com and let’s chat.

Sincerely,

Sharie DeHart

Contractor Bookkeeping Services All Across The USA Including Alaska And Hawaii

I trust this podcast helps you understand that outsourcing your contractor's bookkeeping services to us is about more than just “doing the bookkeeping”; it is about taking a holistic approach to your entire construction company and helping support you as a contractor and as a person.

We Remove Contractor's Unique Paperwork Frustrations

We understand the good, bad and the ugly about owning and operating construction companies because we have had several of them and we sincerely care about you and your construction company!

That is all I have for now, and if you have listened to this far please do me the honor of commenting and rating podcast www.FastEasyAccounting.com/podcast Tell me what you liked, did not like, tell it as you see it because your feedback is crucial and I thank you in advance.

 

You Deserve To Be Wealthy Because You Bring Value To Other People's Lives!

I trust this will be of value to you and your feedback is always welcome at www.FastEasyAccounting.com/podcast

This Is One more example of how Fast Easy Accounting is helping construction company owners across the USA including Alaska and Hawaii put more money in the bank to operate and grow your construction company. Construction accounting is not rocket science; it is a lot harder than that, and a lot more valuable to construction contractors like you so stop missing out and call Sharie 206-361-3950 or email sharie@fasteasyaccounting.com

Contractor Bookkeeping Done For You!

Construction Accounting Specialists At Fast Easy Accounting 206-361-3950

Thinking About Outsourcing Your Contractors Bookkeeping Services?

Click On The Link Below:

www.FastEasyAccounting.com/hs

This guide will help you learn what to look for in outsourced construction accounting.

Need Help Now?

Call Sharie 206-361-3950

sharie@fasteasyaccounting.com

 

Thank you very much, and I hope you understand we do care about you and all contractors regardless of whether or not you ever hire our services.
Bye for now until our next episode here on the Contractors Success MAP Podcast.


Enjoy your day.  
 
Sharie

About The Author:

Sharie DeHart, Fast Easy Accounting Client Support Specialisthttps://www.fasteasyaccounting.com/free-one-hour-consultation-bookkeeping

Sharie DeHart, QPA is the co-founder of Business Consulting And Accounting in Lynnwood Washington. She is the leading expert in managing outsourced construction bookkeeping and accounting services companies and cash management accounting for small construction companies across the USA. She encourages Contractors and Construction Company Owners to stay current on their tax obligations and offers insights on how to manage the remaining cash flow to operate and grow their construction company sales and profits so they can put more money in the bank. http://www.fasteasyaccounting.com/sharie-dehart/ 206-361-3950 or sharie@fasteasyaccounting.com

Our Workflow Removes Your Paperwork Frustrations

 

For Contractors Who Prefer

To Do Your Bookkeeping

Fast Easy Accounting Do-It-Yourself
Construction Accounting Store Is Open

QuickBooks Setup Templates, Chart of Accounts and Item Lists for Construction Contractors

Most Contractors Setup QuickBooks Desktop Version In One Of Three Ways:

#1 EZ Step Interview inside QuickBooks Setup
#2 Asked Their Tax Accountant To Setup QuickBooks
#3 They Attended A How To Setup QuickBooks Class Or Seminar

And QuickBooks Does Not Work The Way They Want It Too!

The Answer:

#1 Click Here To Buy An Entire QuickBooks Setup For Your Specific Contracting Company

#2 Click Here To Buy Just The Chart Of Accounts For Your Specific Contracting Company

 

QuickBooks Set Up For Contractors And QuickBooks Chart Of Accounts For Contractors

Short List Of Construction Contractors We Serve

Asphalt ContractorAsphalt Contractor Brand New ContractorBrand New ContractorBrick And Stone ContractorBrick And Stone ContractorCabinet Installation ContractorCabinet Installation ContractorCarpentry ContractorCarpentry ContractorCarpet And Tile ContractorCarpet And Tile ContractorCommercial Tenant Improvement ContractorCommercial Tenant Improvement ContractorConcrete ContractorConcrete ContractorConstruction EmployeesConstruction EmployeesConstruction ManagerConstruction ManagerConstruction Support SpecialistConstruction Support SpecialistCustom Deck ContractorCustom Deck ContractorCustom Home BuilderCustom Home BuilderDemolition ContractorDemolition ContractorDrywall ContractorDrywall ContractorElectrical ContractorElectrical ContractorEmerging ContractorEmerging ContractorExcavation ContractorExcavation ContractorFinish Millwork ContractorFinish Millwork ContractorFlipper House ContractorFlipper House ContractorFlooring ContractorFlooring ContractorFoundation ContractorFoundation ContractorFraming ContractorFraming ContractorGeneral ContractorGeneral ContractorGlass Installation ContractorGlass Installation ContractorGutter ContractorGutter ContractorHandyman ContractorHandyman ContractorHot Tub ContractorHot Tub ContractorHVAC ContractorHVAC ContractorInsulation ContractorInsulation ContractorInterior Designer ContractorInterior Designer ContractorLand Development ContractorLand Development ContractorLandscape ContractorLandscape ContractorLawn And Yard Maintenance ContractorLawn And Yard Maintenance ContractorMasonry ContractorMasonry ContractorMold Remediation ContractorMold Remediation ContractorMoss Removal ContractorMoss Removal ContractorPainting ContractorPainting ContractorPlaster ContractorPlaster ContractorPlaster And Stucco ContractorPlaster And Stucco ContractorPlumbing ContractorPlumbing ContractorPressure Washing ContractorPressure Washing ContractorRemodel ContractorRemodel ContractorRenovation ContractorRenovation ContractorRestoration ContractorRestoration ContractorRoofing ContractorRoofing ContractorSiding ContractorSiding ContractorSpec Home BuilderSpec Home BuilderSpecialty ContractorSpecialty ContractorStone Mason ContractorStone Mason ContractorStucco ContractorStucco ContractorSubcontractorSubcontractorSwimming Pool ContractorSwimming Pool ContractorSwimming Pool And Hot Tub ContractorSwimming Pool And Hot Tub ContractorTile And Carpet ContractorTile And Carpet ContractorTrade ContractorTrade ContractorTree ContractorTree ContractorUnderground ContractorUnderground ContractorUtility ContractorUtility ContractorWaterproofing ContractorWaterproofing ContractorWindow ContractorWindow Contractor

Additional QuickBooks Templates, Resources, And Services

QuickBooks Set Up TemplatesSolopreneurQuickBooks Chart Of AccountsFree StuffQuickBooks Item Lists TemplatesConsulting


We Serve Over 100 Types Of Contractors So If Your Type Of Company Is Not Listed

Please Do Not Be Concerned Because If You Are A Contractor

There Is A Good Chance We Can Help You!

Call Now: 206-361-3950

 

Additional QuickBooks Templates, Resources, And Services

QuickBooks Set Up Templates   Solopreneur

QuickBooks Chart Of Accounts     Free Stuff

QuickBooks Item Lists Templates     Consulting

 

We Serve Over 100 Types Of Contractors So If Your Type Of Company Is Not Listed

Please Do Not Be Concerned Because If You Are A Contractor

There Is A Good Chance We Can Help You!

Call Now: 206-361-3950

QuickBooks Chart Of Accounts Set Up General.png

If you are a blogger, who writes about construction we would like to hear from you.

https://www.fasteasyaccounting.com/guestblogger

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contractors_Success_MAP, Contractors_Success_Marketing_Accounting_Production, Contractor_Bookkeeping_Services, QuickBooks_For_Contractors, QuickBooks_For_Contractors,Contractors_Success_Map_Successful_Contractors_Employees_Produce_Results